Market News and Analysis






Market News and Analysis

Euro drops versus U.S. Dollar as Mario Draghi claims further rate cuts
Tue, 07 May 2013 10:40:03 GMT
 
The European currency declined against the U.S. Dollar on Tuesday as President of the European Central Bank Mario Draghi said that policy makers are ready to lower the benchmark interest >>
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Won trades close 8-week high versus U.S. Dollar
Tue, 07 May 2013 10:29:03 GMT
 
The South Korean currency swung between gains and losses on Tuesday and was traded near its highest level in eight weeks against the U.S. Dollar on concerns that the country's >>
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European stocks rise amid favourable quarterly results of companies
Tue, 07 May 2013 10:18:03 GMT
 
European stocks jumped on Tuesday as some companies including Commerzbank AG, Credit Agricole and Societe Generale reported quarterly results showing better-than-forecast earnings in the Q1. Benchmark Euro Stoxx 50 Index >>
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Emerging-market stocks rise to 7-week high
Tue, 07 May 2013 10:07:06 GMT
 
Emerging-market shares increased on Tuesday to the highest level in seven weeks as the climb was led by materials and industrial companies, while Malaysian stocks advanced for the second straight day as >>
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Asian stocks rise as RBA lowers interest rate
Tue, 07 May 2013 09:56:04 GMT
 
Asian shares gained for the second straight day on Tuesday as the Japanese benchmark index Topix erased losses since 2008's Lehman Brothers collapse and as the Reserve Bank of Australia >>
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Loonie rises versus most of its peers amid higher building permits
Tue, 07 May 2013 09:45:03 GMT
 
The Canadian Dollar increased against the majority of its most-traded peers on Tuesday after a report showed that building permits in the country advanced by more than preliminary estimated in >>
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Farm commodities mixed on favorable weather in U.S. and Brazil
Tue, 07 May 2013 09:34:03 GMT
 
Farm commodities were mixed on Monday. The forecasts for more favorable weather in the U.S. Great Plains sent grain prices lower. At the same time, ideas that Brazil's harvest will >>
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Copper climbs to 3-week high on speculation about stronger China's demand
Tue, 07 May 2013 09:23:05 GMT
 
Copper traded in London jumped to the highest level in a three-week period on Tuesday amid speculation that demand in the world's largest buyer, China, will improve. Copper for delivery >>
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Energy futures extend gains despite record high U.S. stockpiles
Tue, 07 May 2013 09:12:03 GMT
 
Energy futures except for natural gas finished Monday's session higher despite profit-taking after a sharp rally on Friday. On Friday, energy futures soared almost to a five-week high as U.S. >>
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Industrial metals steady on PMI releases, U.S. jobs data
Tue, 07 May 2013 09:01:07 GMT
 
Industrial metals were not traded at the LME on Monday as U.K. markets were closed for holiday. On a weekly basis, base metals apart from aluminum rose. Recent positive numbers >>
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Precious metals mixed amid strong physical demand
Tue, 07 May 2013 08:50:06 GMT
 
Precious metals were mixed on Monday amid talks that China may announce more growth-boosting measures in wake of recent disappointing data. Moreover, expectations that stimulus measures and strong physical demand >>
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WTI falls as stockpiles rise from 82-year high
Tue, 07 May 2013 08:39:12 GMT
 
West Texas Intermediate oil dropped for the first time in last four sessions before the U.S. government reported that stockpiles increased from the highest level in 82 years and as >>
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Treasuries trade near one-month low
Tue, 07 May 2013 08:28:04 GMT
 
U.S. Treasuries were traded close to the lowest level in a month on Tuesday as investors are set to bid at three auctions of U.S. notes starting today. The benchmark >>
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Australian retail sales unexpectedly declined
Tue, 07 May 2013 08:17:09 GMT
 
Australian retail sales unexpectedly declined in March. Sales edged down 0.4% to A$21.9 billion ($22.5 billion) from the previous month, when they increased 1.3%, the Bureau of Statistics said. >>
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Dukascopy Aggregate Technical Indicator Morning
Tue, 07 May 2013 08:06:20 GMT
 
Dukascopy Aggregate Technical Indicator for 30 min, 1H, 4H and 1D time frame charts for major pairs for the last 144 periods till 07:30 GMT. >>
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